Shakti Pumps secures order from JREDA for solar pump systemsShakti Pumps secures order from JREDA for solar pump systems

Introduction

Leading renewable energy solutions provider secures a ₹21 crore order from Jharkhand Renewable Energy Development Agency for 1,000 off-grid solar water pumping systems under the PM-KUSUM scheme.

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Share price movement of Shakti Pumps

On December 30, 2025, Shakti Pumps India Ltd opened at ₹712.00, down 0.18% from its previous close of ₹713.30. The stock reached a high of ₹712.00 (–0.18%) and a low of ₹696.70 (–2.31%). By 3:31 PM, it traded at ₹698.25, a 2.11% decrease, with a market cap of ₹8,616.26 crore.

Shakti Pumps Secures ₹21 Crore Jharkhand Order

Shakti Pumps (India) Limited has received its third order from Jharkhand Renewable Energy Development Agency (JREDA). The order is for 1,000 stand-alone off-grid solar water pumping systems under PM-KUSUM.

The total order value is Rs. 21.00 crore, inclusive of GST. The contract includes design, manufacture, supply, transport, installation, testing, and commissioning of the solar pumping systems across Jharkhand.

The project is to be completed within 120 days from the date of the notice to proceed. The order was awarded by a domestic entity, focusing on renewable energy development in the state.

Stock performance of Shakti Pumps for Period of 1 week, 6 months, and 1 year

Shakti Pumps India Ltd declined 2.71% over the past week, fell 24.6% in the past six months, and dropped 31.9% over the past year.

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Shareholding pattern of Shakti Pumps

Particulars	Sep 2025	Jun 2025	Mar 2025
Promoter	50.30%	51.60%	51.60%
FII	5.60%	5.10%	5%
DII	6.70%	4.80%	4.30%
Public	37.40%	38.50%	38.90%

About Shakti Pumps

Shakti Pumps (India) Ltd (NSE: SHAKTIPUMP) manufactures pumps and motors for irrigation, horticulture, domestic, commercial, and industrial use. Its “Shakti” brand is recognized in both domestic and international markets.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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